Kameda Seika Co.,Ltd.
(Progress of Disclosure Items) Notice Regarding Syndicated Loan Agreement with Financial Covenants
Entered into a syndicated loan agreement with financial covenants amounting to 26 billion yen on March 19, 2026, with loan execution scheduled on March 25, 2026.
Key Figures
- Loan Amount: 26 billion yen
- Loan Term: 10 years
- Loan Execution Date: Scheduled for March 25, 2026
AI要約
Overview of the Agreement
Kameda Seika Co., Ltd. entered into a syndicated loan agreement with financial covenants totaling 26 billion yen on March 19, 2026, to finance the acquisition cost of shares of TH FOODS, INC. The loan is structured as a term loan, with a tenor of 10 years and a planned execution date of March 25, 2026. The arrangers are The Dai-Shi-Koetsu Bank, Ltd. and Mizuho Bank, Ltd., and the agreement is unsecured and unguaranteed.
Financial Covenants and Future Outlook
The agreement includes financial covenants such as maintaining consolidated net assets above a certain threshold and not recording operating losses for two consecutive fiscal periods. The impact on consolidated results for the fiscal year ending March 2026 is considered minimal, and the company intends to promptly disclose any matters that should be disclosed in the future.
